How Bribery Distorts Firm Growth : Differences by Firm Attributes
How corruption affects economic performance has been studied for over a decade. Yet the lack of detailed firm-level data has limited research regarding who is carrying the real burden of corruption. This study shows that for firms in the Latin Amer...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/04/16237366/bribery-distorts-firm-growth-differences-firm-attributes http://hdl.handle.net/10986/6049 |
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okr-10986-60492021-04-23T14:02:24Z How Bribery Distorts Firm Growth : Differences by Firm Attributes Şeker, Murat Yang, Judy S. ABUSE ACCESS TO EXTERNAL FINANCE ACCESS TO FINANCE BACKBONE BRANCH BRIBE BRIBERY BRIBES BUSINESS ACTIVITIES BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS OPERATIONS BUSINESS TRANSACTION BUSINESS TRANSACTIONS CAPITAL FLOWS COMMODITY CORRUPT CORRUPT OFFICIAL CORRUPT OFFICIALS CORRUPTION CORRUPTION PERCEPTION CORRUPTION PERCEPTION INDEX CPI CPI SCORES CRIME ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRICITY EMPLOYMENT EMPLOYMENT GROWTH ENTERPRISE SURVEY ENTERPRISE SURVEYS ENTREPRENEURIAL ABILITIES ENTREPRENEURIAL ABILITY ENTREPRENEURSHIP EXCHANGE RATES EXCLUSION EXTERNAL FINANCING FINANCIAL BURDEN FINANCIAL CONSTRAINTS FIRM SIZE FIRM SIZES FIRMS FOREIGN DIRECT INVESTMENT FOREIGN OWNERSHIP GOVERNMENT OWNERSHIP GOVERNMENT SERVICES GROUP OF FIRMS GROWTH POTENTIAL INNOVATION INSPECTIONS INTERNATIONAL BANK INTERNATIONAL STANDARD INTERNATIONAL TRADE JOB CREATION KNOWLEDGE BASE LEADERSHIP LEGAL CONSTRAINTS LICENSE LICENSES MANUFACTURING OPEN ACCESS PERFORMANCE MEASURES PETTY CORRUPTION PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCT INNOVATION PRODUCTIVITY PROPRIETORSHIP PROPRIETORSHIPS PUBLIC OFFICIALS R&D REAL ESTATE RESULT RESULTS RETAIL TRADE SALES GROWTH SENSITIVITY ANALYSES SIZE OF FIRMS SMALL BUSINESS SMALL BUSINESS GROWTH SMALL FIRMS SME SOLICITATION SOLICITATIONS TARGETS TAXATION TECHNOLOGICAL INNOVATION TRANSPARENCY WEB How corruption affects economic performance has been studied for over a decade. Yet the lack of detailed firm-level data has limited research regarding who is carrying the real burden of corruption. This study shows that for firms in the Latin America and Caribbean region, bribery significantly distorts firm growth. Firms that pay bribes when conducting business transactions -- such as applying for permits, electricity, or water connections -- have 24 percent lower annual sales growth than firms that do not face such solicitations. Moreover, these distortions are more severe for low-revenue-generating and young firms. Using the instrumental variables method, the authors show that these results are robust to different specifications and the use of different sub-samples. 2012-04-27T07:44:37Z 2012-04-27T07:44:37Z 2012-04 http://documents.worldbank.org/curated/en/2012/04/16237366/bribery-distorts-firm-growth-differences-firm-attributes http://hdl.handle.net/10986/6049 English Policy Research Working Paper ; No. 6046 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ABUSE ACCESS TO EXTERNAL FINANCE ACCESS TO FINANCE BACKBONE BRANCH BRIBE BRIBERY BRIBES BUSINESS ACTIVITIES BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS OPERATIONS BUSINESS TRANSACTION BUSINESS TRANSACTIONS CAPITAL FLOWS COMMODITY CORRUPT CORRUPT OFFICIAL CORRUPT OFFICIALS CORRUPTION CORRUPTION PERCEPTION CORRUPTION PERCEPTION INDEX CPI CPI SCORES CRIME ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRICITY EMPLOYMENT EMPLOYMENT GROWTH ENTERPRISE SURVEY ENTERPRISE SURVEYS ENTREPRENEURIAL ABILITIES ENTREPRENEURIAL ABILITY ENTREPRENEURSHIP EXCHANGE RATES EXCLUSION EXTERNAL FINANCING FINANCIAL BURDEN FINANCIAL CONSTRAINTS FIRM SIZE FIRM SIZES FIRMS FOREIGN DIRECT INVESTMENT FOREIGN OWNERSHIP GOVERNMENT OWNERSHIP GOVERNMENT SERVICES GROUP OF FIRMS GROWTH POTENTIAL INNOVATION INSPECTIONS INTERNATIONAL BANK INTERNATIONAL STANDARD INTERNATIONAL TRADE JOB CREATION KNOWLEDGE BASE LEADERSHIP LEGAL CONSTRAINTS LICENSE LICENSES MANUFACTURING OPEN ACCESS PERFORMANCE MEASURES PETTY CORRUPTION PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCT INNOVATION PRODUCTIVITY PROPRIETORSHIP PROPRIETORSHIPS PUBLIC OFFICIALS R&D REAL ESTATE RESULT RESULTS RETAIL TRADE SALES GROWTH SENSITIVITY ANALYSES SIZE OF FIRMS SMALL BUSINESS SMALL BUSINESS GROWTH SMALL FIRMS SME SOLICITATION SOLICITATIONS TARGETS TAXATION TECHNOLOGICAL INNOVATION TRANSPARENCY WEB |
| spellingShingle |
ABUSE ACCESS TO EXTERNAL FINANCE ACCESS TO FINANCE BACKBONE BRANCH BRIBE BRIBERY BRIBES BUSINESS ACTIVITIES BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS OPERATIONS BUSINESS TRANSACTION BUSINESS TRANSACTIONS CAPITAL FLOWS COMMODITY CORRUPT CORRUPT OFFICIAL CORRUPT OFFICIALS CORRUPTION CORRUPTION PERCEPTION CORRUPTION PERCEPTION INDEX CPI CPI SCORES CRIME ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRICITY EMPLOYMENT EMPLOYMENT GROWTH ENTERPRISE SURVEY ENTERPRISE SURVEYS ENTREPRENEURIAL ABILITIES ENTREPRENEURIAL ABILITY ENTREPRENEURSHIP EXCHANGE RATES EXCLUSION EXTERNAL FINANCING FINANCIAL BURDEN FINANCIAL CONSTRAINTS FIRM SIZE FIRM SIZES FIRMS FOREIGN DIRECT INVESTMENT FOREIGN OWNERSHIP GOVERNMENT OWNERSHIP GOVERNMENT SERVICES GROUP OF FIRMS GROWTH POTENTIAL INNOVATION INSPECTIONS INTERNATIONAL BANK INTERNATIONAL STANDARD INTERNATIONAL TRADE JOB CREATION KNOWLEDGE BASE LEADERSHIP LEGAL CONSTRAINTS LICENSE LICENSES MANUFACTURING OPEN ACCESS PERFORMANCE MEASURES PETTY CORRUPTION PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCT INNOVATION PRODUCTIVITY PROPRIETORSHIP PROPRIETORSHIPS PUBLIC OFFICIALS R&D REAL ESTATE RESULT RESULTS RETAIL TRADE SALES GROWTH SENSITIVITY ANALYSES SIZE OF FIRMS SMALL BUSINESS SMALL BUSINESS GROWTH SMALL FIRMS SME SOLICITATION SOLICITATIONS TARGETS TAXATION TECHNOLOGICAL INNOVATION TRANSPARENCY WEB Şeker, Murat Yang, Judy S. How Bribery Distorts Firm Growth : Differences by Firm Attributes |
| relation |
Policy Research Working Paper ; No. 6046 |
| description |
How corruption affects economic
performance has been studied for over a decade. Yet the lack
of detailed firm-level data has limited research regarding
who is carrying the real burden of corruption. This study
shows that for firms in the Latin America and Caribbean
region, bribery significantly distorts firm growth. Firms
that pay bribes when conducting business transactions --
such as applying for permits, electricity, or water
connections -- have 24 percent lower annual sales growth
than firms that do not face such solicitations. Moreover,
these distortions are more severe for low-revenue-generating
and young firms. Using the instrumental variables method,
the authors show that these results are robust to different
specifications and the use of different sub-samples. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Şeker, Murat Yang, Judy S. |
| author_facet |
Şeker, Murat Yang, Judy S. |
| author_sort |
Şeker, Murat |
| title |
How Bribery Distorts Firm Growth :
Differences by Firm Attributes |
| title_short |
How Bribery Distorts Firm Growth :
Differences by Firm Attributes |
| title_full |
How Bribery Distorts Firm Growth :
Differences by Firm Attributes |
| title_fullStr |
How Bribery Distorts Firm Growth :
Differences by Firm Attributes |
| title_full_unstemmed |
How Bribery Distorts Firm Growth :
Differences by Firm Attributes |
| title_sort |
how bribery distorts firm growth :
differences by firm attributes |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/04/16237366/bribery-distorts-firm-growth-differences-firm-attributes http://hdl.handle.net/10986/6049 |
| _version_ |
1764397240447664128 |